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Do's &
Don'ts Of Selling Your Home
DO
- Have your carpets cleaned professionally (the front
yard, the front door, and carpets are the top 3 things buyers see first and
remember forever; it is an inexpensive investment)
- Paint rooms where the paint has faded or is damaged
- Put away as much personal belongings as possible
(family photos, trophies, collections, knick knacks, souvenirs) (the goal of
selling is for the buyer to envision the house as theirs and to not think they
are intruding in your house)
- Clear off the kitchen countertops (even if it means
putting the toaster or coffee maker in a cupboard every day) (buyers like to
see lots of counter space in a kitchen)
- Pack up unused kitchen items (dishes, appliances,
junk drawers, pots & pans) (this will create open spaces in your cupboards
which is very appealing to buyers)
- Start using up canned goods in your pantry (they're
heavy, they take up space, and who wants to carry them when you move?)
- Clear out and clean out under the kitchen sink (all
buyers look under sinks for water damage; make it look fresh and clean and
uncluttered there)
- Clear out the "crammed" closets throughout the
house (again, open space is very appealing to buyers; they also want to easily
see how deep your closets are)
- Put away extra furniture or bulky furniture (this
gives an illusion of more space)
- Clear out or throw away unused items in garages,
attics, and sheds
- Polish sink faucets and handles and make sure there
are no leaks
- Patch up any nail holes, wall cracks, or other wall
damage
- Repair or replace broken floor tiles
- Make sure doors, closet doors, and windows can open
easily (no creaks!)
- Be aware of odors (from pets, smoke, cooking, etc.)
(have a friend come over and give you an honest sniff test)
- Keep the front yard and back yard tidied up (sweep
the front walk, mow the yard, pick up dog waste, clean the pool; plant flowers
and bushes out front to create curb appeal; don't bother with trees; mature
trees are too expensive and small trees don't add much to the appearance)
- Keep the front door polished and clean; add a nice
doormat
- Make sure the front door lock works easily (how
embarrassing to have the buyer's real estate agent fumble to open the door)
DON'T
- Just pack up unused items, kitchen things, or
furniture; move them to a storage unit; boxes are still "clutter")
- Do any expensive repairs or remodeling; save your
money for later repairs when they are requested by the buyer(s); if you charge
up your credit cards or get new loans to do remodeling, you could adversely
affect the purchase of your next home)
- Use scented sprays around the house (they might
smell nice, but buyers will think you're trying to cover up bad odors)
- Let your pets prevent buyers from visiting your
house (if the dogs can't be put outdoors, buyers will skip your house and won't
come back later)
- Keep the drapes and blinds closed; let the light in
(nothing turns off a buyer more than dirty carpets, clutter, and dark rooms)
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Making An Offer >Negotiations Part 2
If you are the buyer in a home sale transaction, you should be prepared to submit an offer to the seller. An offer is not simply the price -- there are more components involved.
The real estate agent will act as the conveyor of information. There are a few things to look out for in such negotiations: 1) include a finance contingency, even if you have loan pre-approval, 2) insist on an engineer's, termite and radon inspection contingencies, 3) itemize the personal property you want included, such as chandeliers or drapes, and 4) submit the closing date you prefer.
Buyers should be prepared to make their best offer first, but if that offer is not acceptable to the seller, they should expect to go through a round of counter-offers.
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| Q |
What is the most expensive piece of property ever recorded?
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| A |
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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See More Real Estate Trivia > |
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